YLZ Retained Earnings vs Intangible Assets Analysis

300096 Stock   3.66  0.02  0.54%   
YLZ Information financial indicator trend analysis is more than just analyzing YLZ Information Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YLZ Information Tech is a good investment. Please check the relationship between YLZ Information Retained Earnings and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YLZ Information Tech Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between YLZ Information's Retained Earnings and Intangible Assets is -0.07. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of YLZ Information Tech, assuming nothing else is changed. The correlation between historical values of YLZ Information's Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of YLZ Information Tech are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., YLZ Information's Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from YLZ Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YLZ Information Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 32 M, whereas Selling General Administrative is forecasted to decline to about 112.2 M.
 2021 2022 2023 2024 (projected)
Research Development186.3M177.9M94.2M129.3M
Minority Interest21.3M80.0M10.0M9.5M

YLZ Information fundamental ratios Correlations

0.630.90.590.370.290.860.390.610.790.790.360.930.710.760.320.54-0.050.820.280.80.80.870.830.820.57
0.630.790.090.040.00.81-0.180.570.290.850.820.690.850.490.160.07-0.150.460.390.580.490.390.50.760.02
0.90.790.220.27-0.030.940.080.740.620.90.610.970.820.750.190.35-0.310.690.330.910.730.750.910.830.42
0.590.090.220.20.720.240.80.060.580.21-0.210.260.190.410.510.30.450.460.040.050.420.470.150.290.25
0.370.040.270.20.230.10.19-0.070.480.05-0.160.41-0.040.170.050.690.150.440.030.270.580.490.410.280.67
0.290.0-0.030.720.23-0.040.44-0.360.48-0.15-0.460.03-0.070.070.080.380.920.49-0.12-0.220.460.45-0.140.160.19
0.860.810.940.240.1-0.040.130.840.440.930.690.880.930.730.190.19-0.320.70.450.890.540.620.780.870.25
0.39-0.180.080.80.190.440.130.030.270.11-0.360.110.020.390.540.130.190.22-0.230.080.180.260.110.00.16
0.610.570.740.06-0.07-0.360.840.030.160.790.710.660.850.550.16-0.07-0.580.420.620.770.170.330.690.670.08
0.790.290.620.580.480.480.440.270.160.37-0.010.720.230.520.20.740.230.690.160.490.880.890.670.520.73
0.790.850.90.210.05-0.150.930.110.790.370.790.830.920.810.430.1-0.440.470.390.80.450.460.730.730.17
0.360.820.61-0.21-0.16-0.460.69-0.360.71-0.010.790.50.780.370.19-0.16-0.550.170.620.560.050.020.410.57-0.1
0.930.690.970.260.410.030.880.110.660.720.830.50.710.730.170.56-0.250.760.290.920.80.840.930.820.62
0.710.850.820.19-0.04-0.070.930.020.850.230.920.780.710.670.27-0.05-0.320.530.540.720.350.390.610.80.0
0.760.490.750.410.170.070.730.390.550.520.810.370.730.670.670.22-0.280.420.20.670.490.540.690.450.32
0.320.160.190.510.050.080.190.540.160.20.430.190.170.270.67-0.05-0.19-0.110.10.10.040.00.16-0.080.02
0.540.070.350.30.690.380.190.13-0.070.740.1-0.160.56-0.050.22-0.050.280.66-0.030.390.680.730.430.430.96
-0.05-0.15-0.310.450.150.92-0.320.19-0.580.23-0.44-0.55-0.25-0.32-0.28-0.190.280.29-0.19-0.470.260.21-0.41-0.040.04
0.820.460.690.460.440.490.70.220.420.690.470.170.760.530.42-0.110.660.290.340.680.730.850.590.860.62
0.280.390.330.040.03-0.120.45-0.230.620.160.390.620.290.540.20.1-0.03-0.190.340.35-0.010.070.280.490.02
0.80.580.910.050.27-0.220.890.080.770.490.80.560.920.720.670.10.39-0.470.680.350.550.660.890.760.52
0.80.490.730.420.580.460.540.180.170.880.450.050.80.350.490.040.680.260.73-0.010.550.940.730.610.63
0.870.390.750.470.490.450.620.260.330.890.460.020.840.390.540.00.730.210.850.070.660.940.780.680.72
0.830.50.910.150.41-0.140.780.110.690.670.730.410.930.610.690.160.43-0.410.590.280.890.730.780.650.55
0.820.760.830.290.280.160.870.00.670.520.730.570.820.80.45-0.080.43-0.040.860.490.760.610.680.650.41
0.570.020.420.250.670.190.250.160.080.730.17-0.10.620.00.320.020.960.040.620.020.520.630.720.550.41
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YLZ Information Account Relationship Matchups

YLZ Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B1.7B1.4B1.1B1.2B
Other Current Liab194.6M261.2M329.4M418.9M17.9M17.0M
Total Current Liabilities829.0M909.2M882.9M968.7M599.5M482.4M
Total Stockholder Equity734.5M717.7M627.2M302.5M349.0M577.8M
Retained Earnings268.7M216.5M105.1M(214.7M)(204.6M)(194.4M)
Accounts Payable287.9M328.3M331.1M287.9M197.7M164.1M
Cash460.9M447.5M254.1M191.3M408.1M351.1M
Other Assets55.2M125.7M142.3M82.5M94.8M99.6M
Net Receivables544.3M265.2M451.3M226.4M197.4M342.4M
Inventory111.1M137.6M146.0M169.3M106.1M87.1M
Other Current Assets19.6M35.0M102.9M110.8M31.3M27.4M
Total Liab849.4M940.0M896.4M983.5M680.7M535.8M
Intangible Assets64.4M95.8M104.6M82.2M41.0M40.9M
Property Plant Equipment68.0M63.3M87.9M88.9M102.3M75.2M
Long Term Debt20.4M30.8M1.0M5.0M3.5M3.3M
Net Tangible Assets660.9M612.7M526.9M221.0M198.9M188.9M
Deferred Long Term Liab4.5M4.8M18.4M5.1M5.8M7.4M
Short Long Term Debt284.5M250.4M194.3M105.2M142.0M0.0
Total Current Assets1.1B1.2B954.3M820.1M853.7M836.1M
Non Current Assets Total587.7M693.1M715.8M558.9M243.6M429.3M
Non Currrent Assets Other5.5M65.2M46.0M40.4M11.9M11.3M
Non Current Liabilities Total20.4M30.8M13.5M14.9M81.2M76.4M
Net Invested Capital1.0B942.8M733.4M449.6M352.5M645.4M
Net Working Capital306.9M245.4M71.4M(148.6M)254.2M197.9M
Other Stockholder Equity1.1M4.3M(154.5K)(28.1M)(25.3M)(24.1M)

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Other Information on Investing in YLZ Stock

Balance Sheet is a snapshot of the financial position of YLZ Information Tech at a specified time, usually calculated after every quarter, six months, or one year. YLZ Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YLZ Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which YLZ currently owns. An asset can also be divided into two categories, current and non-current.